NYC Business Group Insurance Blog

Tuesday, March 01, 2022 | NYC Business Group

Comprehensive Guide to Renters Insurance

If you are a homeowner, the law requires you to have the proper insurance to ensure that you keep your family, visitors, and belongings covered if anything bad happens while they are on your residential property. Such instances may include injuries, fire, theft, and burglary. On the flip side, if you do not own a home and you rent or lease one, you should also understand the type of policy you should purchase to protect yourself and everything else in your place. Such a policy is known as…

Thursday, February 24, 2022 | NYC Business Group

What is Special Event Insurance?

Sometimes, things do not go according to plan, even after all the effort you put in. It could be property damage during an anniversary party or accidentally damaging someone’s property. If so, you do not have to deal with the loss alone. You can take insurance against liability coverage. That is what insurance companies will refer to as Special Event Insurance. Event planners can take special event covers to help their operations run smoothly. They do not have to pay damages when the air…

Tuesday, February 22, 2022 | NYC Business Group

What is an Additional Insured?

Additional insured refers to a type of status that's typically associated with general liability insurance policies that provide other groups or individuals with coverage, although they weren't named in the initial policy. Therefore, the additional insured are protected under the named insurer's policy and can file an insurance claim when sued. That said, the additional insured applies when the named policyholder must provide coverage to additional groups or individuals for the new risks that…

Thursday, February 17, 2022 | NYC Business Group

What Type of Insurance Do Property Managers Need?

When you are getting into property management, there are many measures you will take to protect yourself and your business. One of them is getting insurance.

Tuesday, February 15, 2022 | NYC Business Group

Renter’s Insurance, What to Look For

There is a significant difference between renters insurance and landlord's insurance. If you are a tenant, to protect yourself financially, you need renters or tenants insurance. Landlord's insurance is used to cover the cost of repairing a building in case of fire or any other damage. Renters insurance has three types of financial protection, namely: Liability protectionCoverage for personal possessions Additional living expenses Regardless of the financial protection you are…

NYCBG Insurance Blog

Comprehensive Guide to Renters Insurance

What is Special Event Insurance?

What is an Additional Insured?

What Type of Insurance Do Property Managers Need?

Renter’s Insurance, What to Look For

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